After a 2025 marked by the announcement of tariffs, trade tensions and other conflicts, this year promised to be calmer, but the conflict in the Middle East has brought a renewed dose of uncertainty and reignited inflationary fears, leading markets to anticipate up to four interest rate hikes by the ECB. An estimate that was “too aggressive”, says...
Four interest rate hikes in 2026? Market was “too aggressive” and JPMorgan only sees the ECB moving rates once
Tuesday, 21 April 2026RSS
Context & Explainers
Inflation measures how much general prices rise over time, usually reported year‑on‑year to compare a month with the same month a year earlier. Portugal’s National Institute of Statistics (INE) estimated January inflation at 1.9% year‑on‑year, down 0.3 percentage points from December, which affects rents, wages and everyday purchasing power for residents.
